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HomeMy WebLinkAboutFCMeetingMinutes_03.04.15 1 TOWN OF NORTH ANDOVER FINANCE COMMITTEE Meeting Minutes Meeting Date March 4, 2015 nd Meeting Location: 2 floor Conf Room Bill Callahan, BC Chairman Susan Almono SA X X Marta Solof MS Timothy Tschirhart TT X Karin Blake KB Liz Gerron LG X Thomas Ringler TR X Chris Nobile CN Pat Sifferlen, PS, Admin X X Donald Elliot DE Vice Chair Non FinCom Members in Attendance OTHERS: LS, AM EK Note: All FINCOM votes are subject to change upon receipt of new information. Note: Documents used in this meeting are listed in Document Table, herein. II. Previous Minutes Approved February 4, 2015 2 Agenda AMeet with departments Youth, Library, Elder Services, Finance, Community Development and IT AM: introduced new Community Development Director Eric Kfoury and gave brief background. What is top of your list? EK: Top of list is 125 Corridor Osgood landing up to Sutton Street. Maximize development. Also to work on a downtown that does not roll up @ 4:30. But one that has a night life and weekends. KB: How do you see Stevens Estate? EK: Great asset to town. Not something municipalities usually take on. Doing a great job with what they have. Community Development No dramatic changes in community development. Added an Assistant Director to handle more of the Day to day operations. So Eric can focus on development. Began electronic data storage of new property records. Looking to complete and submit required state record retentions forms and begin purging of Approved documents. Establishing a unified permit system. Youth, Library and Elder Services Youth Services Youth center is an after school location majority of middle school students KB: Training and Education up $1500.00 AM: some may be for recertification. SA: do we make revenue on memberships. LS: roughly 270K-280K per year. Library Has seen the largest staffing increase. Continue with technology advancements in library services. TR looking to for any data available for foot traffic. AM: circulation data is available. Elder Services No changes in staff. NA currently has over 5K seniors up 8%. Increase is accounted for in the FMP. Have worked with the library and initiated programs for the seniors. Finance LS (pg. 124) Consists of accounting, treasury and assessor. Accounting Minimum changes in accounting. Staffing changed from 4 to 3 with a retirement. th Will implement first phase of new general ledger software by June 30. Assessors staff. FY 16 goals to complete a Triennial Reassessment of all Real and Personal property for FY16 Line item of Outside Professional Services is increased because of this. Salary increases are based on union contract step increases. Treasurer No changes in staff. Line item of Data Processing up $5K due to conversion of current billing system. KB Question on bank charges. Treasurer renegotiated banking balances to offset fees. IT As of this date there is no IT director we are aggressively pursuing. The staffing is both for municipal and school Auto mileage is paid for travel between buildings. Training and education slightly higher this year. Outside professional services down $121K due to licensing 3 Agenda B Vote on Snow and Ice KB Reads memo from Lyne to authorize payment on Snow deficit total ($987901.12) KB motion to authorize payment of invoices pertaining to snow and Ice removal which will bring Account into a deficit. Seconded by MS YES 6 NO 0 Agenda C New Business th BC Will not be attending meeting on the 18 appointed Karin Blake as Chair for meeting that night. th Added meeting on the 25 Community room at the Police Station. IV. Next Meetings March 18, 2015 V. Adjournment- Motion: KB Unanimous Seconded: CN Time: 9:05 TYPE FROM TO SUBJECT COMMENTS ITEM # 1 FY 16 Budget Town Manager FInCom Book 2 3 4 5 6